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, that doesn't involve risks to the government micromanaging the economy. if you say okay which is going to have a flat tariff of 10% or 20% or 30% whatever it takes to get to a zero trade deficit that doesn't introduce a lot of corruption or a lot of dangers bad policymaking because it's a very simple policy. it's just determined by an arithmetical formula and there's no opportunity for anybody to play games. one of the good things about it if you have a flat tariff, is if you had a 30% tariff on imported goods that's not enough to relocate the production of t-shirts that united states because cost is too great. it's great to relocate things like silicon wafer fabrication so would tend to relocate back to the u.s. high value capital-intensive skill intensive industries which is of course what we want to do. those are the industries that are high-quality -- high-quality into she wants to have and those are the industries that don't want to lose. i point that out just to point out that if you do get serious about protectionism, protectionism has a logic to it which if you understand what
the stock averages and they've been told the economy is doing great, so what's changed? you know, what's changed is that we got a little complacent. i think everybody looks at the market and says we weren't really fulling gauging what might happen if the economy slows down or doesn't speed up. i think today was just the wreck reckoning for a lot of those concerns. >> we've been in a period where people are expecting a correction from whatever highs we've been hitting here lately. do you think this is the beginning of that correction right now? >> i think we're certainly seeing a bit of a correction. i don't know how much more it has tooz, however, because fundamentally, we have very low interest rates and u.s. corporations are still posting record high levels of earnings against the backdrop of a weak global economy. if we get a big downdraft from whatever happens out of boston or some other factor, that's a real risk factor, but near term, very strong earnings, hard to argue with stocks with that backdrop. >> you just mexed the boston marathon incident. we doebt have the complete stor
. maybe this shows it is very positive from the standpoint of the economy, if you use dynamic scoring. if you use statics deploring it is not and cannot so well. -- static scoring it is not going to come out so well. i have a question for the other witness. you said this in your statement tionhis is aasnab. the obvious question is whether or not there are sufficient jobs for average americans and illegal immigrants. the answer is no. >> as i indicated to us recently. latere have a participation rate we have a supply of low-skilled labor. it appears that what do is leapfrogging those individuals. we have millions upon millions of americans, not just black americans, but millions upon millions who do not have a job right now. i think it is a good idea to inform -- to reform immigration system but regard must be given to the fact that we have an over abundance of people not working today. we are at rates we have not sn in 80, 75 years. it is astonishing. if we have regularize asian of a greater pool of individuals who can compete on a one by one basis with americans here today those indi
includes a substantial drop we experienced with the recession in 2008 and 2009 and a fairly week economy since then. it says that people do value hard copy correspondence from businesses. they want that information in hard copy and they're resisting the idea of going totally digital. we've heard of people that did do that and either piss manied a payment or got nervous and said hey, start those bills back up again. don't write the obituary for first class mail. it accounts for $28 billion of revenue for the postal service today and i guarantee you it's the going to be around for a long while. the most promising part of our business in terms of growth is package delivery, which is up ricin threat. mail got delivered. you saw what happened with hurricane sandy, the mail got delivered. day in and day out, do an excellent job and the postal service plays an important role in the american economy but today it has a business model that is broken. the good thus -- news is that it can be fixed. it requires we ask fundamental questions about what kind of postal service is best for america in the
workers is significant in our stagnant economy. the unemployment rate for blacks without a high school diploma was 12 percent, today, it's more than doubled, to 24.6%. now, that clearly shows that we have an oversupply of low skilled labor relative to the -- that is for workers in all such classes, particularly black americans, because research shows that 40 percent of the 18-point percentage decline in the employment rates of black males is attributable to illegal immigration. that's hundreds of thousands of blacks without jobs. it translates to hundreds of thousands who can't pay taxes, who don't support their families on their own dime. the evidence also indicated that in addition to the pressing wage -- sorry, employment levels, illegal immigration drove down wage levels, by the federal reserve bank of atlanta, for example, showed that illegal immigration, and the spike in illegal immigration, was attributable to the nearly $960 per year decrease in wage levels of documented georgians. and the leisure and hospitality industries, it was $1520. for doctors and lawyers, $960 may not b
: seasonally strong time of year for home sales. overall, the u.s. economy is running below its historical trend. this is a study done by the index. my next guest says the economy sluggish growth may be the most ideal condition for investors. joining us is now jack. welcome to you. >> thank you, lori. lori: you see this as a prime opportunity. some new investment dollars could go into the stock market. >> yes, potentially. fair value in the market is probably about 1520. we are slightly ahead of that. we have a lot of favorable factors. one, keep money. we have stocks that look cheap. if we can get confidence, you know, of investors, but also builds confidence picking up, i think you could see treasurers and armature treasurers start to exploit that difference. as long as the fed keeps the backdrop in place, then the market can go higher. we do not want to fall into a double dip type of scenario. on the other hand, we do not want anything too strong to suggest that perhaps the fed will take its foot off the accelerator. lori: if you have new money to invest, what type of stocks would you p
, and the economy. without it, things simply can't exist. woman: we have good health in this country, in part, because we have clean water. and we shouldn't forget that, and we shouldn't take it for granted. melosi: in the late 19th century, serious waterborne disease epidemics were having devastating effects. roy: but then, in the early 1900s, we began to treat our water. and since then, we've seen a rapid decline in the incidence of waterborne disease. narrator: most cities treat drinking water through filtration, chlorination, and sometimes ozonation to kill pathogens in the source supply. these are complex treatment plants that cost millions of dollars to operate, but are necessary for our wellbeing. the treatment of drinking water has been called one of the greatest public health achievements of the last century. the water infrastructure itself protects the treated water until it comes out of our taps. it's been since 1911, since we had an outbreak of cholera or typhoid in the united states. but that doesn't mean that it can't happen. it can happen. if we aren't on our guard all the time
despite the fact that these jobs are among the highest paying and the most stable jobs in our economy today. it is imperative that we encourage more young americans n.i.t. e studies in the fields. in particular because of the stark racial and gender gaps we see in the programs, it is imperative that we encourage more young women and students of color to enter these fields. we simply won't be able to remain a global leader in these mportant fields without more -- with more than 50% of our nation's brainpower sitting on the sidelines. h.r. 967 doesn't go as far as i would like it to go in addressing these challenges but it does show the need to educate more students in n.i.t. fields and provide the necessary authority for the agencies to pay an important and appropriate role here. and finally, i would be remiss not to mention that nitr-d program serves as a coordinating and planning umbrella for all unclassified federal cybersecurity r&d. our committee addressed specific needs in cybersecurity , r&d separately in h.r. 756 but in doing so, we made sure that both the intellectual and fina
and the economy did not help the last 10 years to make that story any better. so with that, i want to just give a hearty thanks to maria's leadership for the last decade-and-a-half for putting together this project and her continued perseverance to make this happen. today we celebrate the sale of the land for the transbay transit tower. to the entrance transbay transit authority, for the first time i met mr. heinz, i can going to hang out with them more because i have heard a lot of stories between you that will help me run this city better. i will say that when this transit tower is complete, it will have the impact of transforming our city skyline with the tallest structure west of the mississippi and chicago. i'm about to leave for china tomorrow, and i get to go to china and tell them we've got the tallest building west of the mississippi, what about you? they are probably going to tell me they have tall buildings there as well but we at least have bragging rights. the state of the art, sustainable features, a plan, 1.4 million square foot office tower, developed, owned and operated by he
and granger. that's a great tell of the real economy. boy, it's hard not to -- >> there's a lot going on regarding housing. we'll keep our eyes on the homebuilders. >> these people want to try to find a hole in the housing starts, good luck. this is a very big move and we're building far fewer homes than what are destroyed by fire and flood. a lot of people will live with their mother-in-laws. >> despite what we know about the price of building products, right? and the cost of contractors and electricians. >> and i think some of those costs again will come down. copper came down big, and aluminum bid. we'll take you to boston. we're expecting this to be the fbi in charge of the boston field office and deval patrick there and the u.s. attorney carmen ortiz. let's listen in. >> everyone, thank you for coming this morning. less than 24 hours after yesterday's act of terror we wanted to organize a briefing for you with the information that we have. the mayor is here, the members of our congressional delegation, all of the law enforcement leadership. we have several people who want to pres
to reduce the deficit in a balanced way, a way that doesn't punish the american people and our economy in the meantime. legislation that i'm proposing is simple. and it deserves quick approval. -- no reason to go back even though i would agree to it, let's -- to the buffett rule, let's do some spending cuts, do some more cutting, we've tried that. it wouldn't work. let's try the flexibility. that also won't work because you're dealing with the same amount of money. so i would hope that this simple solution i'm suggesting will be supported by my republican friends. establishing binding caps on war spending. the wars are winding down for certain. right now there's $650 billion there. and as this bill proposes, the one i will ask consent on, it will close that loophole and produce more than enough savings to offset the cost of delaying sequestration for five months. let's put a stop to the furloughs and delays that put a stop to the job losses. let's put a stop to the devastating cuts to programs that keep our poor children from getting an equal shot in life, our senior citizens, our home
and a reminder that the government is a net drag on this u.s. economy. >>> check out auto nation. there is no better gainer on the s&p. stock that's already up 17% this year. >> it's remarkable. >> we all know what pent-up demand is for cars. we all know the mileage that's on the average trade-in. >> i like mike jackson. when you contrast europe with the united states, think of auto nation. okay? they can't move a car in europe. they can't move one across the street. >> you're absolutely right. talk about a dichotomy. >> we are not one world. used cars going up, too? the country you can get, wells fargo largest auto loan company. you can get money for a car. it is tougher to get money. richard smith, i have this guy from realogy. a large real estate company. they're holding their value much more than you thought in the united states. >> morgan stanley is down 3%. talked about m and a, lack of activity saying it just reflects the ceo's lack of confidence with regards to earnings power. >> which is what you hear. those who are doing deals, it is interesting, are the likes of -- or
are beginning to ripple throughout the government and economy. most visible was air travel delays. timing of the effort is unclear it and faces long odds. republicans will oppose the move saying the savings were never intended to be spent in the first place. two other senators urging the obama administration to post own furloughs for air traffic controllers. kansas republican say the cuts are hurting the economy. lawmakers want furloughs postponed to give time to find a remedy. air traffic control cut backs are facing delays nationwide. >> pressure building on a district attorney to resign in texas because she was found drunk driving. the video shows her losing her balance, and failing several times to try to walk a straight line. she pleaded guilty and is serving a 45 day jail term but the 63-year-old two determine d.a.says she has no plans to quit. >> a ground breaking today, the school located on summit drive. as city leaders came out to celebrate, some are not happy bit. abc 7 news has the story. a ground breaking for the newest school in burlingame in 50 years. declining enrollment f
ensure san francisco remains the knowledge economy center for the region, if not nationally. this new downtown district will accommodate 6 million square foot of new office space, new housing, 12 hundred affordable new house, 100,000 square foot of new retail space and of course a network of new and walkable streets. it's an important part of how we are paying for the critical infrastructure. many of you were hurt when agencies were limited in the state. but here in this center, this plan em ploys the majority of the streets and parks and affordable housing by the value of private investment and using the power of tax increment financing. the value of the public land and the targeted developer fees and helping us create this vision without resorting to overburdening our general fund or new taxes. when this terminal was originally built in the 1930s it was a growing project. i'm confident the growth san francisco will continue to grow with a new transit center and downtown district. i also want to give a great shot out to president obama, it was really his funds that helped us kick thi
trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> we showed you this at the top of the hour, fenway park. this is one of the most visible signs that boston is beginning to heal. right now, fenway park is alive with red sox fans cheering on their home team and their hometown. the world is cheering on boston and the red sox. poppy harlow joins me live at the ballpark. poppy, would i want to be the team that beats boston now? >> reporter: i do not think you would, don. all is fair in love and war in professional sports i suppose, but i don't know, this is a city, a country rooting for the boston red sox. this is the first home game since the bombing at the monday marathon. they have a tradition of having a morning home game before the marathon on monday and then running the marathon. and it is this entire citywide celebration. this is the first time back at fenway. want to show you this poster. people walking in holding this, boston strong. and you see from the video all of the people extremely excited and proud to be bostonians. special ceremony
by a saggy economy, energy blackouts, and frustration from his labor union base. fewer than 900,000 signatures were needed to launch the recall. it took only 65 signatures and $3,500 to get on the ballot. aside from the two candidates a cast of more than 100 characters ended up on the ballot from the famous arnold schwarzenegger arianna huffington, and larry flynt, to the onabsurd. a primary system that now rewards the top two vote getters regardless of party, and taking responsibility for drawing district boundaries away from lawmakers and giving it to state -- senator's panel. joining me now is joe garofoli. welcome back into "the war room." >> i object to calling gary coleman absurd. >> michael: yeah you could have said what are you walking about? how did this turn into this major recall. >> there was a very low turnout for the previous election very nasty where gray davis was up for reelection so the bar was low to have a recall. you had the energy crisis people thought davis bungled it he passed a vehicle license fee to raise money, because the economy w
economy. he made the comment on cnbc yesterday. the equipment company, however, turned in disappointing earnings revenue and forecast in its earnings report. a marketing gimmick paid off for hasbro. the toy company reported moderate revenue growth. hasbro had an onlne contest to create a new token for monopoly. the public choose a cat. the company calls the contest "tremendously successful". the conservative koch brothers are reportedly eyeing a big investment in media - specifically, eight tribune company publications, including the chicago tribune, the los angeles times, and the baltimore sun. media ownership is reportedly something the koch brothers have focused on as part of a long-term plan to shrink the u.s. government and its regulations. a spokeswoman for koch industries says politics has nothing to do with the possible newspaper acquistion. we don't mean to gross you out, but bedbugs are making an aggressive move into hospitals and nursing homes. the national pest management association reports a 6% rise in bedbug extermination at hospitals, while the number has doubled to 46%
. also affected by the slowdown in china's economy and profit taking after weeks of gains. blue chips lost 265 points yesterday. the nasdaq was also down losing more than 2% of its value. >>> straight ahead, your tuesday morning weather. and security is stepped up at various events in the wake of the boston marathon bombing. boston marathon bombing. [ female announcer ] the only patch for the treatment of mild to moderate alzheimer's disease is exelon patch. now with more treatment options, exelon patch may improve overall function and cognition. your loved one can get a free 30-day trial. and you can have access to nurses. it does not change how the disease progresses. hospitalization, and rarely death, have been reported from wearing more than one patch at a time. the most common side effects are nausea, vomiting, diarrhea, fall, loss of appetite or weight, application site redness, and urinary tract infection. the likelihood and severity of these side effects may increase as the dose increases or if patients weigh less than 110 pounds. people at risk for stomach ulcers who take cer
invested in the innovation economy, and they wanted us to do what we've always done historically, rebuild our infrastructure. for us back home, that means rebuilding our levees, our roads and our highways. they want washington, d.c., to start getting about the business of pushing this country forward. i applaud these community leaders because this is exactly what citizen-led democracy looks like. mr. speaker, i applaud the sacramento metro chamber of commerce for their leadership, and i look forward to the 44th annual cap to cap next year. i yield back the balance of my time. the speaker pro tempore: for what purpose does the gentleman from illinois seek recognition? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> mr. speaker, for my neighbors and friends back home in illinois and families across the country today is tax freedom day. the date at which the average american worker will finally start earning money for themselves after paying their federal, state, and local tax obligatio
that people view as specific predictors of where the economy is going. and again, you can see while it did go down in august of 2012, we've essentially had six straight months of either flat or up and then we had a down. and, again, we would normally want to see something like three months of a trend before we made too much of this. but the fact is, that's not -- it's not a good news. so the question is, well, why is this happening? we've had -- first we've had soft spots in the economy for the last two or three springs. might be another one of those. but you have had the payroll tax increase go into effect. you've had sequestration go into effect. you have no growth in people's incomes. that was the more disappointing numbers out of the last unemployment insurance report. and if people don't have money, they can't spend money. and finally, we're being affected in the slowdown in europe in particular and the slowdown in the emerging markets. our export growth has fallen to about zero at the moment because there isn't demand overseas for our products. so it feels like a little bit of a soft sp
of household 1.4%. there is a huge gap. and the companies are doing well the economy is picking up the middle class is still stuck. why is the economy stock? >> you spoke to a wide variety of spectrum from the the very rich to those in the middle class and the working class. they all share this concern which is surprising to me that i would think that the upper class feels insulated? certainly, they feel as though the enormous amounts of money they are making city group compared the inequality of wealth in america to it 16th century spain. this is the bank, itself. and yes, i was surprised myself. and i am talking about the jewish community center on monday night, uc-berkeley on tuesday. i've spoken to labor groups, and some extremely wealthy people in florida, north in virginia. almost everywhere were all i find is that it is deeply trouble is that there's something really wrong in this country. yes, there is an exception and acceptance of inequality of income but now, it is 400 times the top one person is getting thicker% of the capital gains from the capital market. that is they're getting
get there. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. from the united states postal service a small jam maker can ship like a big business. just go online to pay, print and have your packages picked up for free. we'll do the rest. ♪ >>> welcome back to a special edition of "newsroom," live from boston. i'm wolf blitzer reporting. today, the fbi faces a grilling on capitol hill over the boston bombings, lawmakers want to know if the agency missed vital clues two years ago. that's when agents interviewed the older suspect, tamerlan tsavraev, at the request of the russian government. cnn's national political correspondent jim acosta joins us from washington now with what's going on. a lot of frustration, a lot of what ifs, could if this boston magnificent y massacre been prevented? those are the questions that will be brought forward today. >> that's right, wolf. it will be playing out on capitol hill. the senate intelligence committee has set a hearing for 2:30 this afternoon with fbi officials, they will be
is an engineer who is badly needed, either way they are tremendously important to the economy. without a path to citizenship it is not a kind of system we should be continuing with. >> bill: what worries me a little bit congressman is some people are saying, of course, we're going to accept a path to citizenship. then they want to make it so long we're talking like some, i've heard 13 years and pay a fine and do all of this stuff. why make it so difficult? >> well, i think some people still have a problem with the idea that immigrants come here and contribute. i think if most americans would peek into any kitchen around the country or even maybe look out and see who's actually cutting the lawns or actually walking the babies down the nice neighborhoods, they would realize that immigrants are an integral part of the economy and something we depend on. i think if people looked at it that way they wouldn't be so mean about it. the idea that it should take 13 years for a path of citizenship is a mean-spirited feeling. but i think when people look at it economically, the sooner we get this done, t
.m. closing time back did hours to help boost tourism and local economies. critics warn that it could increase drunk driving and crime around the bars. the legislation would only affect bars and restaurants, liquor store hours would not change. >> lawyers for the state bar are scheduled to tell a san francisco judge that east bay lawyer should be disbarred for smuggling out a hit list from her client who is behind bars. the former black must lick leader ordered the murders of an oakland journalist and two others in 2010. attorneys for the california state bar are recommending that his initial lawyer be stripped of her license for the offense in 2011. the project revealed she hit the hit list in her client's legal documents that guards were not allowed to certain. brown later admitted to the crime and know witnesses were ever harmed. >> hope you enjoy the warm weather yesterday because it was a "one and done." >> but we will still get a little taste today if not as much. mike has the details. >> that is the story, it will still be warmer-than-average even if the temperatures drop four to 14 deg
and frustrating for families and devastating for the economy. >> with no other budget in place delays could continue for at least another 5 months. >> this is no way to run this government. >> and the faa warns the flight delays effecting the entire country will only get worse as the summer travel season approaches. in washington keyly campbell ktvu channel 2 news. >> got officials who wanted steam troop reduction because of the sequester budget cuts. john told senate committee today 100,000 soldiers would be removed from duty over the next decade unless those automatic spending cuts are stopped. he says the losses would under mine the army's ability to be prepared for wartime missions. the army's share of the automatic cuts over the next 6 months is $7.6 billion. >> firefighters made an impassionately today to keep their stations open. the board of supervisors today debated whether to close county fire houses. it was shrinking property tax revenues. four or five stations were shutdown this year now two more or on the chopping block. firefighters say that would dramatically increase respons
and be for fuel economy, rather than opposing it. >> reporter: if this plan is catching the wave of the future, automakers hope its brings back some of the past. >> as both our plants grow, we might have the opportunity to bring some of our people back home that transfer to other locations. >> reporter: there's certainly plenty to plan for other vehicle spinoff sales. alex demetrick, wjz eyewitness news. >> the spark will begin going on sale this summer. the number of miles it gets per charge, has not been released by general motors just yet. >>> still to come on woornlg -- wjz eyewitness news. >>> a meningitis scare, causing major concern in one los angeles community. >>> i'm bob turk. first warning weather center. warmer temps and the risk of some showers. i'll have the exclusive first warning five-day forecast. >>> and wjz 13 is always on. here are the top stories at cbsbaltimore.com at this hour. for updates on all the day's news, and the updated forecast, log onto cbsbaltimore.com. ,,,,, >>> we continue to update the breaking news we told you about this hour. roger wicker. preliminary tes
private initiative to the economy, and reagan realized that. you don't find out about this at the reagan library but reagan met with gorbachev at reykjavik, famously, and the two almost agreed to nuclear disarmament. the reaganites in the defense department were horrified by this and put a stop to it but reagan didn't go all the way with reaganism when he had a chance to end the cold war, especially the nuclear threats. so it's a hard-core republican belief. if you remember the pup pup prime -- republican primaries of 2012, it was not that long ago there were eight or ten republican candidates in simi valley for a debate at the reagan library and every one of them said reagan set the example how maring be strong, reagan did with the soviet union and we should do it today in iran, we should do it -- we were right toy trite in iraq. america should use its power to achieve its spend destroy its enemies. i worked in the cold war and in the middle east. you have 29% of the american people agree with that today. >> richard, do you want to say something? you're leaning forward. >> no. >> okay.
. and there's not enough people to do it. >> we're faced with a real blow to our economy because businesses are already closed. and it will be a long time before we totally recover. >> reporter: flooding along the mississippi is causing massive problems. from illinois to iowa and further south in missouri, where more than 100 barges broke free in st. louis, colliding with a bridge. in peoria, illinois, heavy rains caused landslides. kayaks outnumbering cars on streets in grand rapids, michigan. and in indiana, one county saw 11 emergency rescues in a single night. across the area, frustrated residents are in disbelief. >> i've lived here all my life. i've never seen anything like this. >> reporter: the frustrating part for many, they can't even focus on the cleanup. more than an inch of rain expected from oklahoma all the way up through michigan today. josh? >> alex, thank you. and sam will have the forecast in a few moments. >>> meanwhile, the man who replaced osama bin laden on the fbi's most wanted list has been captured. former washington, d.c. schoolteacher eric toth is charged with pr
and just a relentless barrage of terrible events, political events. the economy was not as bad as it is now, but the war was obviously raging and it became clear that we were losing the war, which is what one of the episodes is about. >> and you think we're raging today. >> i feel like there -- i feel like there's a malaise in the united states right now. i do it's -- believe r not. i don't kno a culture can have h the self-esteem, but whatever the principles are that make us feel good about being americans and about where we live and this thing, just -- the simplest thing, this is the greatest country on earth, which is what we were all raised with that produces a blow and there's anxiety and changes afoot. at so many times there was gun control legislation and it went all the way to the end and disappeared like this time and you wonder how did that happen. >> gayle i always think you're going to zig when you san diego. >> welcome to the table, you guys. >> six seasons. how do you keep it relevant do you think? how do you continue to grow your audience?
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in the current state of the economy. this is from fall of 2012. we will see if that changes post-boston and if those numbers go up. this goes to the earlier segment that you aired, this idea that the united states is complacent with respect to terrorism. i think the survey demonstrates it is among the things that iople think about your it also think that the law enforcement community is certainly not complacent when it comes to terrorism. the boston event was a security event. there's a lot of individuals covering that event, from federal, state and local. i don't think that boston happened due to complacency. i don't think we necessarily are complacent. i think we have accepted terrorism as a new facet of our reality, albeit one that does not happen that frequently. host: if you want to look at the start.u you can go to m.d.edd.edu to get more informa. nationaliff, from the consortium for the study of terrorism & responses to terrorism. caller: good morning. i think these turbo crimes are quite separate. two crimes are quite separate. the man in connecticut was concerning his di
'm equipped for, because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. >>> welcome back to this special edition of "today" as we cover the aftermath of monday's bombings at the boston marathon. natalie is back with more on why this event means so much to this city. >> that's right, savannah, from many participants completing the race is a lifelong dream. it is known for its challenging hills and its enthusiastic crowds but this year it became the perfect target for terror. who could have predicted a race that began with the traditional starting gun would end with a pair of explosions. a city wide celebration transformed in an instant by an act of terrorism. >> everybody was excited, taking pictures and next thing you know it's just utter chaos. we were terrified and the only thing we could think of, is there another
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